The Minnesota Timberwolves have three owners.
Minnesota Timberwolves Ownership Structure
The ownership of the Minnesota Timberwolves, an integral part of the National Basketball Association (NBA), is currently held by a group of prominent individuals. This multi-person ownership structure is common among professional sports franchises, allowing for shared responsibility and diverse perspectives in the management and strategic direction of the team.
Current Owners
As of the latest information, the team is owned by the following individuals:
- Glen Taylor: A long-standing figure in the Timberwolves' history, Glen Taylor previously held majority ownership. He is transitioning ownership to the new partners.
- Alex Rodriguez: A former MLB superstar, Rodriguez has transitioned into business and media, now holding a significant stake in the Timberwolves.
- Marc Lore: A successful entrepreneur and businessman, Lore partners with Alex Rodriguez in their joint venture to acquire and manage the team.
This trio oversees the operational and strategic decisions for the franchise, aiming to guide the team's success on and off the court. Their combined expertise spans sports, business, and finance, contributing to the team's future direction.
For further details on the team's structure, you can refer to the Minnesota Timberwolves Wikipedia page.
Ownership Overview
To summarize the current ownership:
Role | Name |
---|---|
Owner | Glen Taylor |
Owner | Alex Rodriguez |
Owner | Marc Lore |
This diverse ownership group brings a blend of experience from various fields, including sports, business, and technology, which can benefit the franchise's growth and competitive standing in the NBA.